SnapSNAP
About: Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
Employees: 4,911
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
105% more call options, than puts
Call options by funds: $960M | Put options by funds: $467M
32% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 77
2% more funds holding
Funds holding: 545 [Q3] → 554 (+9) [Q4]
1% less capital invested
Capital invested by funds: $9.18B [Q3] → $9.09B (-$83.1M) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 175
2.54% less ownership
Funds ownership: 61.84% [Q3] → 59.29% (-2.54%) [Q4]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 7 (-1) [Q4]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
B. Riley Securities Naved Khan 44% 1-year accuracy 11 / 25 met price target | 26%upside $10 | Neutral Maintained | 30 Apr 2025 |
Truist Securities Youssef Squali 41% 1-year accuracy 29 / 70 met price target | 38%upside $11 | Hold Maintained | 30 Apr 2025 |
Goldman Sachs Eric Sheridan 46% 1-year accuracy 27 / 59 met price target | 7%upside $8.50 | Neutral Maintained | 30 Apr 2025 |
Susquehanna Shyam Patil 48% 1-year accuracy 22 / 46 met price target | 1%upside $8 | Neutral Maintained | 30 Apr 2025 |
Wells Fargo Ken Gawrelski 59% 1-year accuracy 30 / 51 met price target | 1%upside $8 | Equal-Weight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 41 articles about SNAP published over the past 30 days
